UPDATE: A 76-year-old former Bergen County tour company manager is headed to federal prison for 27 months for embezzling hundreds of thousands of dollars from her employer.
Estela Laluf Genin – formerly of Rutherford and River Edge – must serve her full sentence because there is no parole in the federal prison system.
Laluf Genin started working at the East Rutherford-based company in 1989 and took a management role in 1996, federal authorities said.
Between 2010 and 2016, she and an unidentified company accountant conspired to write checks to the company’s bank accounts in cash, as well as various actual company employees and contractors, individuals and shell companies for work they didn’t do, U.S. Attorney Philip R. Sellinger said.
The two then converted the money for their personal use, the US attorney said.
Laluf Genin omitted proceeds from his 2016 tax return, Sellinger noted.
Rather than face trial, she struck a deal with the government, pleading guilty in a videoconference with a federal judge in Newark last September to wire fraud and subscribing to a false tax return.
In addition to the prison sentence, U.S. District Judge Julien Xavier Neals sentenced Laluf Genin to two years of probation and ordered her to pay $295,297 in restitution.
Sellinger credited U.S. Postal Inspection Service postal inspectors and IRS Special Agents – Criminal Investigation with the investigation leading to the plea and sentence secured by Assistant U.S. Attorney Andrew M. Trombly of his Cybercrime Unit at Newark.
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